Chief Operating Officer - Physician Practice Salary in the United States

How much does a Chief Operating Officer - Physician Practice make hourly in the United States? The average hourly wage for a Chief Operating Officer - Physician Practice in the United States is $161 as of April 26, 2022, but the range typically falls between $125 and $198. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

Job Description

Responsible for planning, organizing, and directing operational objectives for one or more physician office sites. Assists in the development and implementation of strategic long-term goals. Provides fiscal management to include analysis, forecasting, budgetary responsibilities, and negotiates contracts. Reviews metrics and revenue cycle performance and recommends and implements strategies for improvement and growth. May require a master's degree. Typically reports to a ceo/board of directors. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2022 Salary.com)

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Understand the total hourly compensation opportunity for a Chief Operating Officer - Physician Practice, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
125
198
161

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
134
231
180
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Chief Operating Officer - Physician Practice in the United States. The average hourly rate for Chief Operating Officer - Physician Practice ranges from $125 to $198 with the average hourly pay of $161. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $134 to $231 with the average total hourly cash compensation of $180.
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125
198

 

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Career Path for this job

  1. Down a level:

    Physician Practice Operations Manager


    Bachelor's Degree

  2. This Job:

    Chief Operating Officer - Physician Practice


    Master's Degree

  3. Up a level:

    Chief Executive Officer - Physician Practice


    JD, MD, PhD or Equivalent

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Job Openings for Chief Operating Officer - Physician Practice